earnings
confidence high
sentiment neutral
materiality 0.65
Canopy Growth Q1 FY2026 cannabis revenue up 24% YoY; appoints Shan Atkins to board
Canopy Growth Corp
2026-Q1 EPS reported
-$0.22
revenue$72,134,000
- Cannabis net revenue $57M (+24% YoY); Canada adult-use up 43% to $27M on infused PRJ demand.
- Consolidated net revenue $72.1M (+9%); gross margin 25% vs 35% due to mix shift and lower Storz & Bickel sales.
- Net loss from continuing ops $41.5M; adjusted EBITDA loss $7.9M vs $5.3M YoY.
- Free cash outflow improved 79% to $11.6M; cash and short-term investments $144M.
- Appointed Margaret Shan Atkins as director and audit committee member effective Aug 6, 2025.
item 2.02item 5.02item 9.01